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International

Japan property cat demand down at April 1 renewals

April 08, 2024 Reprints

According to a new report by Gallagher Re, Japan property catastrophe demand was slightly down year-on-year at the recent April 1 reinsurance renewals, Reinsurance News reported. The firm noted that some increases in retention were offset by a small amount of additional capacity purchased. The report highlights that there was a considerable increase in supply of capacity from reinsurers.

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Japan property cat demand down at April 1 renewals

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